iShares iBonds Dec 2034 Term Corporate ETF (NYSEARCA:IBDZ) Short Interest Down 70.7% in August

iShares iBonds Dec 2034 Term Corporate ETF (NYSEARCA:IBDZ) was the target of a significant decline in short interest during the month of August. As of August 14th, there was short interest totaling 16,894 shares, a decline of 70.7% from the July 30th total of 57,624 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 77,777 shares, the short-interest ratio is currently 0.2 days.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Janney Montgomery Scott LLC bought a new stake in iShares iBonds Dec 2034 Term Corporate ETF in the 4th quarter valued at $5,777,000. Arrow Financial Corp boosted its stake in shares of iShares iBonds Dec 2034 Term Corporate ETF by 39.4% in the fourth quarter. Arrow Financial Corp now owns 400,877 shares of the company’s stock valued at $10,571,000 after buying an additional 113,245 shares during the period. JPMorgan Chase & Co. acquired a new stake in iShares iBonds Dec 2034 Term Corporate ETF during the third quarter worth approximately $2,137,000. Lyell Wealth Management LP increased its stake in iShares iBonds Dec 2034 Term Corporate ETF by 366.1% during the 4th quarter. Lyell Wealth Management LP now owns 82,610 shares of the company’s stock worth $2,178,000 after acquiring an additional 64,885 shares during the period. Finally, Flow Traders U.S. LLC bought a new position in iShares iBonds Dec 2034 Term Corporate ETF during the 3rd quarter worth $1,109,000.

iShares iBonds Dec 2034 Term Corporate ETF Trading Down 0.1%

NYSEARCA:IBDZ traded down $0.03 during mid-day trading on Thursday, hitting $25.64. The stock had a trading volume of 95,578 shares, compared to its average volume of 184,004. iShares iBonds Dec 2034 Term Corporate ETF has a twelve month low of $25.46 and a twelve month high of $27.48. The company’s 50 day simple moving average is $25.74 and its 200 day simple moving average is $26.01.

iShares iBonds Dec 2034 Term Corporate ETF Company Profile

The iShares iBonds Dec 2034 Term Corporate ETF (IBDZ) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a Bloomberg index composed of USD-denominated, investment-grade corporate bonds maturing between January 1, 2034, and December 15, 2034. IBDZ was launched on May 22, 2024 and is issued by BlackRock.